Dutch Spyker shareholders approve sale of Formula 1 team

Newswire

AMSTERDAM, Sept 29 (Reuters) - Dutch sports car maker Spyker Cars NV said on Saturday its shareholders had approved the sale of its Formula One team as part of its refinancing operations.
But it did not say whether the sale would go ahead.
Earlier this month Spyker announced it would sell its loss-making Formula One team to a group which includes Indian businessman Vijay Mallya for 88 million euros ($123 million).
"The exclusive negotiation period with the consortium ends at midnight ...

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